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HomeDaily NewsSaturday, March 14, 2026Dubai Image Under Threat From Iran Conflict Attacks - March 2026
Business & Economy3 stories from 1 sources

Dubai Image Under Threat From Iran Conflict Attacks - March 2026

Dubai's image of safety is being tested by recent drone and missile attacks linked to the Iran conflict, with some debris hitting the city, including near luxury hotels and the airport. The United States has temporarily eased sanctions on Russian oil to address global energy supply issues, a move met with strong criticism from European allies. A US judge has separately blocked an investigation into the Federal Reserve, ruling that the Department of Justice presented no evidence to justify its demands for information.

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Saturday 9:41 AMCapital Business

Is Dubai’s glossy image under threat? Not everyone thinks so

Is Dubai’s glossy image under threat? Not everyone thinks so

Dubai's image of safety is being tested by recent drone and missile attacks linked to the Iran conflict, with some debris hitting the city, including near luxury hotels and the airport.

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Key Highlights

Dubai's image of safety is being tested by recent drone and missile attacks linked to the Iran conflict, with some debris hitting the city, including near luxury hotels and the airport.

  • Authorities report that the UAE's air defenses have intercepted over 285 ballistic missiles, 15 cruise missiles, and 1,567 drones since the attacks began, with over 90% destroyed.
  • Despite initial shock and some disruption to flights and tourism, many expats and residents, like British real estate consultant Stephanie Baker, express no plans to leave, citing faith in authorities and Dubai's continued appeal.
  • While the city's glossy image attracts global talent and tourists, the reality includes a large migrant worker population, some of whom continue working despite fears, with their livelihoods depending on it.
Friday 9:10 PMCapital BusinessFirst

US easing of Russia oil sanctions draws criticism

US easing of Russia oil sanctions draws criticism

The United States has temporarily eased sanctions on Russian oil to address global energy supply issues, a move met with strong criticism from European allies.

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Key Highlights

The United States has temporarily eased sanctions on Russian oil to address global energy supply issues, a move met with strong criticism from European allies.

  • The US sanctions waiver will affect approximately 100 million barrels of Russian oil currently in transit and lasts until April 11.
  • Key figures include US Treasury Secretary Scott Bessent, German Chancellor Friedrich Merz, French President Emmanuel Macron, and Ukrainian President Volodymyr Zelensky.
  • This decision comes amidst attacks on ships and energy infrastructure in the Gulf, causing an energy supply crunch and pushing oil prices around $100 a barrel.
Saturday 7:09 PMCapital Business

Judge says ‘no evidence’ to justify Federal Reserve probe

Judge says ‘no evidence’ to justify Federal Reserve probe

A US judge has blocked an investigation into the Federal Reserve, ruling that the Department of Justice presented "no evidence" to justify its demands for information.

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Key Highlights

A US judge has blocked an investigation into the Federal Reserve, ruling that the Department of Justice presented "no evidence" to justify its demands for information.

  • The decision was a victory for Fed chairman Jerome Powell, who alleged the probe was a pretext to pressure the bank into lowering interest rates.
  • Prosecutor Jeanine Pirro plans to appeal the ruling, calling it "wrong on its face" and stating it "neutered" her ability to investigate crime.
  • The case has raised concerns about political pressure on the Federal Reserve and potentially complicated White House efforts to appoint a new Fed chair.
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